Rents Play Big Role in US Inflation

Bloomberg News Federal Reserve Reporter Matt Boesler explains how the Fed’s attempt to get a clean read on post-pandemic inflation has focused attention on gauges that elevate housing costs, which is why what happens to rental inflation will factor heavily into the future of monetary policy. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter Bob Langreth share the details of Bob's Businessweek Magazine story The Alzheimer’s Drug Approval Mess Is Leaving Millions in Limbo. Bloomberg News San Francisco Bureau Chief Kara Wetzel discusses how the world’s hottest housing markets are facing a painful reset. J.P. Nauseef, CEO at JobsOhio, talks about the economic advantages to the opening of an Intel semiconductor plant in Ohio. And we Drive to the Close with Max Wasserman, Founder of Miramar Capital. Hosts: Tim Stenovec and Mike Regan. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.